CACB.TO vs. RUSB.TO
CACB.TO (CIBC Active Investment Grade Corporate Bond ETF) and RUSB.TO (RBC Short Term U.S. Corporate Bond ETF) are both exchange-traded funds - CACB.TO is a Corporate Bonds fund actively managed by CIBC, while RUSB.TO is a Short-Term Bond fund actively managed by RBC. Both are actively managed. Over the past 5 years, CACB.TO returned 2.03%/yr vs 4.61%/yr for RUSB.TO. At a 0.06 correlation, their price movements are largely independent.
Performance
CACB.TO vs. RUSB.TO - Performance Comparison
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Returns By Period
In the year-to-date period, CACB.TO achieves a 1.29% return, which is significantly lower than RUSB.TO's 3.34% return.
CACB.TO
- 1D
- 0.15%
- 1M
- -0.52%
- 6M
- 0.69%
- YTD
- 1.29%
- 1Y
- 5.09%
- 3Y*
- 6.21%
- 5Y*
- 2.03%
- 10Y*
- —
RUSB.TO
- 1D
- -1.54%
- 1M
- 0.69%
- 6M
- 1.97%
- YTD
- 3.34%
- 1Y
- 6.49%
- 3Y*
- 7.53%
- 5Y*
- 4.61%
- 10Y*
- —
CACB.TO vs. RUSB.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
CACB.TO CIBC Active Investment Grade Corporate Bond ETF | 1.29% | 4.34% | 7.21% | 8.55% | -9.72% | -2.45% | 9.82% | 7.33% |
RUSB.TO RBC Short Term U.S. Corporate Bond ETF | 3.34% | 1.61% | 13.88% | 3.94% | -0.28% | -0.52% | 1.46% | 5.00% |
Correlation
The correlation between CACB.TO and RUSB.TO is -0.00, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.00 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.08 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.06 |
Correlation (All Time) Calculated using the full available price history since Jan 22, 2019 | 0.06 |
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Return for Risk
CACB.TO vs. RUSB.TO — Risk / Return Rank
CACB.TO
RUSB.TO
CACB.TO vs. RUSB.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for CIBC Active Investment Grade Corporate Bond ETF (CACB.TO) and RBC Short Term U.S. Corporate Bond ETF (RUSB.TO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| CACB.TO | RUSB.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.37 | ||
| Sortino ratioReturn per unit of downside risk | +0.57 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.22 | +0.05 |
| Calmar ratioReturn relative to maximum drawdown | 1.98 | 1.81 | +0.16 |
| Martin ratioReturn relative to average drawdown | 6.12 | 3.97 | +2.15 |
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Drawdowns
CACB.TO vs. RUSB.TO - Drawdown Comparison
The maximum CACB.TO drawdown since its inception was -15.56%, which is greater than RUSB.TO's maximum drawdown of -14.28%. Use the drawdown chart below to compare losses from any high point for CACB.TO and RUSB.TO.
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Drawdown Indicators
| CACB.TO | RUSB.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -15.56% | -14.28% | -1.28% |
Max Drawdown (1Y)Largest decline over 1 year | -2.59% | -3.60% | +1.01% |
Max Drawdown (3Y)Largest decline over 3 years | -3.36% | -5.26% | +1.90% |
Max Drawdown (5Y)Largest decline over 5 years | -14.52% | -8.10% | -6.42% |
Current DrawdownCurrent decline from peak | -0.82% | -1.54% | +0.72% |
Average DrawdownAverage peak-to-trough decline | -3.83% | -4.11% | +0.28% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.83% | 1.64% | -0.81% |
Volatility
CACB.TO vs. RUSB.TO - Volatility Comparison
The current volatility for CIBC Active Investment Grade Corporate Bond ETF (CACB.TO) is 1.09%, while RBC Short Term U.S. Corporate Bond ETF (RUSB.TO) has a volatility of 2.05%. This indicates that CACB.TO experiences smaller price fluctuations and is considered to be less risky than RUSB.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CACB.TO | RUSB.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.09% | 2.05% | -0.96% |
Volatility (6M)Calculated over the trailing 6-month period | 2.87% | 4.25% | -1.38% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.74% | 6.45% | -2.71% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.66% | 7.05% | -1.39% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.16% | 6.96% | -0.80% |
Dividends
CACB.TO vs. RUSB.TO - Dividend Comparison
CACB.TO's dividend yield for the trailing twelve months is around 4.45%, more than RUSB.TO's 4.13% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
CACB.TO CIBC Active Investment Grade Corporate Bond ETF | 4.45% | 4.46% | 4.24% | 3.59% | 3.11% | 2.78% | 2.41% | 2.45% | 0.00% | 0.00% |
RUSB.TO RBC Short Term U.S. Corporate Bond ETF | 4.13% | 3.96% | 3.38% | 3.26% | 2.48% | 2.30% | 2.78% | 2.80% | 1.90% | 0.41% |
Frequently Asked Questions
CACB.TO and RUSB.TO have a correlation of -0.00, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CACB.TO is categorized as Corporate Bonds, while RUSB.TO is Short-Term Bond. They also come from different issuers: CIBC and RBC.
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